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SAFFOLA REVENUE GROWTH
Marico sees sustained growth momentum, raises FY27 margin outlookMarico experienced significant revenue and profit growth in the September quarter due to robust demand. The company's foods and premium per...
Marico Q2 Results: Net profit jumps 31% YoY to Rs 550 crore, revenue rises 12%Marico reported a 31% YoY rise in Q2FY27 net profit to Rs 550 crore, while revenue grew 12% to Rs 3,897 crore. EBITDA increased 27%, margin...
FMCG brands turn up the volume on ads as costs and scrutiny riseMultiple packaged goods companies are increasing their advertising expenditures to maintain consumer demand amid rising inflation. Nestle I...
FMCG companies face a Q2 margin squeeze: Rising crude oil, palm oil and packaging costs threaten profits despite demand recoveryFMCG companies are likely to face operating margin pressure in the September quarter of FY27 due to rising crude-linked derivatives, palm o...
Consumer demand revives, but D-Mart shares plunge amid e-commerce fearsConsumer demand gained momentum for companies like Marico and Godrej Consumer Products in the second quarter. Retailers including D-Mart an...
Marico raises stake in Plix parent to 84.09%; Q2 revenue expected to grow in double digitsMarico has raised its stake in Satiya Nutraceuticals, owner of The Plant Fix–Plix, to 84.09% after acquiring an additional 24.09% for Rs 1,...
Marico’s core franchises expected to power a strong Q2 as FMCG demand holds firmMarico expects to achieve a double-digit revenue growth in the second quarter of FY27. This growth will be driven by strong domestic demand...
Marico to prioritise margins over volumes in certain segmentsMarico is now prioritizing profitability over volume and rapid expansion. The company is focusing on premiumization and higher-margin busin...
Marico CEO Saugata Gupta confident of double-digit revenue growth, eyes Rs 15,000 crore target by FY27Marico's MD Saugata Gupta is confident of hitting Rs 15,000 crore revenue by FY27, driven by Parachute's resilience despite price hikes and...
Saffola owner Marico MD says food biz may become bigger than edible oil in 3-4 yearsMarico Ltd anticipates its food business, driven by the Saffola brand, will outgrow its edible oil segment, with foods already exceeding Rs...
Marico eyes Rs 20,000 cr FMCG firm by 2030, looks to double revenue in next 5 yearsFMCG major Marico aims to double its revenue to Rs 20,000 crore by 2030, driven by innovation and brand building. Having crossed the Rs 10,...
Q4 results today: Marico, IOB among 37 companies to announce earnings on FridayMarico and IOB are among 37 companies set to announce Q4 earnings on Wednesday. Analysts anticipate Marico's revenue to rise by 17% YoY, dr...
Marico expects growth to pick up on better demand, pricingMarico shares have risen 8% in a month, buoyed by expansion into high-growth segments like value-added foods and premium personal care. Wit...
Marico shares rise 2% after Motilal Oswal reiterates buy rating, sees double-digit growth in FY26Marico shares: Motilal Oswal has set a target price of Rs 775 for Marico, indicating a potential upside of nearly 21.5% from the current le...
Marico Ltd reports mid-single-digit volume growthMarico Ltd has reported mid-single-digit volume growth in its domestic business for the quarter ended September 2024, with rural demand out...
Post Ukraine, India has been best in managing inflation: Marico MD Saugata GuptaMarico saw its domestic volume rise 3% during the March quarter with flat revenue while gross margins expanded 417 basis points. The compan...
Revenue growth to come back in H2, would continue portfolio diversification: Marico MD & CEO Saugata GuptaMarico anticipates a return to revenue growth in the second half of the financial year. Price adjustments due to reduced inflation in the d...
Demand trends in FMCG sector 'stable' in June quarter; expected pickup in rural areas remained elusive: MaricoIn its update for the June quarter, Marico said that though the urban markets were steady during the April-June period, the anticipated pic...
With brand Saffola, Marico eyes Rs 850-1,000 cr food business by FY24"We will continue to launch a significant aggressive innovation programme under the brand Saffola in line with our aspiration to create Rs ...
- Marico Industries reports impressive numbers for Dec quarter
Marico Industries, which owns FMCG brands including Parachute, Saffola and Mediker reported impressive numbers for the December quarter.